Fannie Mae (FNMA)

[mrfidlsticks]

There is a new post on Howard on Mortgage Finance, titled “The CRT Charade.”
In this post Tim examines what has been happening with Fannie Mae’s credit-risk transfer (CRT) securitization program since interest rates began rising in the spring of 2022, and note the conspicuous absence of any policy response by that program’s leading proponent, FHFA.
The post can be found here: howardonmortgagefinance.com